Los Angeles daily herald., 1887-09-11

romantic, but of deep interest, to the
history Of the State, one, too, which IS
without parallel in the history OF the
world.
This boom has been no mining fe-
yer, no Frazier river gold excitement.
Los Angeles is not filled up with un,
kempt men armed with revolvers, and
bearing on their shoulders the imple-
ments common to the miner and plo-
neer Its hills are not covered with
tents or cabins; its streets filled with
pack trains, and the air with curses IN
almost every tongue, but its palatlal
homes cover the hills where fair wo-
men, like angels of peace, exert their
beneficent influence children, schools
and churches are everywhere.
| Some of the young men
in this Exchange have grown up here,
and reached their majority together
with the State, and are the
living witnesses of the marvels
wrought. They have seen in their day
the deserts turned into gardens, the
sage brush into vines, the cacti into
citrous fruits, the Yucca palm into the
apple, the apricot and the peach; they
have seen the burning sands which
have isolated us from the homes OF
our youth and our fathers, crossed by
transcontinental and competing rail-
ways, our valleys and mountains COW
cred with electric wires like gossamer
| threads, conveying news from
place to place. The distant
and lonely places they have
seen made vocal with the laugh
| ter of innocent children, as well as by
the hum of machinery and the screech
of the civilizing locomotive. Our
President directed your minds to the
| fact that God in His Providence has
blessed this land as no other upon the
| face of the earth ; that we have the
bright skies OF Italy, as well rs the
quiet valleys and pastoral scenes OF
Judea; that God has not only reared
the high and majestic mountains
about us which, like aged and vener-
| able parents, lavish their gold and sill
yer upon us, but He has watered our
ylllevs and smoothed our grassy hills
with His fingers and caused the pome-
granite, the olive and the vine-the
emblems of peace and ioy-to flourish
on ourssoil as nowhere else, and, best
of all, He has crowned the land with
a wreath of Christian civiliza-
ton and enterprise, and Los
Angeles county is to-day the
wonder of the world; and Southern
California, the Mecca of all the earth
shaken, yellow-fevered, sun-sweltered,
frozen, cycloned, blizzard-holed, light
ning-struck, overfown, locust-eat-
en-, snow-bound and summer.
struck men, who have survived
the perils of the elements in
less favored lands, and have been
blessed with good sense and enter
prise enough to exchange these vicis-
STUDIES and the land of their birth for
this Christian civilization and the
glorious climate OF Southern Cali
| fornia.
The theory of the survival OF the
fittest comes home to us with peculiar
interest, for of such are the tenderfeet;
they are the survivors from pesti-
lence, famine and the elements, and
are now travelling to this haven of eli
matte peace and good health. As such
we welcome them, and have organ
lied this Exchange to assist them in
getting homes as speedily and as
economically as possible. This alone
should give them confidence. We
recognize their worth and under what
law of nature they came here, as well
as the fact that if we do not prove
| worthy of our trust, the same law will
relegate us to the backrooms among
the feas and bugs, and these same
men will, under this law of evolution,
take our places, even before they have
wore out ON our streets the first pair
of boots covering their tender feet.
The seller is alwayy able to take care
of himself, but in our Exchange his
interests are as closely guarded as
those of the purchaser. Great efforts
have been made to lay the foundation
of this Exchange so broad and deep
that it will stand the shock of all at
tacks from within and without its
bastions. 1t makes no war upon any
man or interest doing honest and
legitimate work, but invites every en-
teprising and squaredealing trader
in real estate and other securities
to inves igate our plan OF organization
and cooperate with us in our work of
exterminating all illegitimate and hap
hazard methods of doing business and
raise the high standard of perfect pro-
lection to the buyer as well as the sell
Ter. The real estate interest in this
city and county has assumed an i'm
portance so great that the sales here
have far outranked those OF San Fran
| cisco, Sacramento, Oakland, Stockton
| ,,,I hnrxro,-,11n ,i,,n1 fny
months, but it has brought into the
| real estate business adventurers from
every quarter, who are unscrupulous
and hesitate at no deception or false
hood to compass their ends and to in
veigle the buyer into putting money
into his wildcat investments and
shady title. Their work is done in
| secret. They are safe as long as the
purchaser has not discernmente enough
to see into their tricks and detect their
living methods. In our Exchange,
where the first requisite is response
bility on the part OF its members, and
the method of doing business is such
that man wanting to buy will soon
be made aware that he is getting the
full market value of his coin, for the
transfer is public one and under the
eyes of hundred interested bidding
members; where the chicanery of the
real estate beat would be at once ex-
posed. BY our laws and our rules all
are guaranteed fair play and honora-
BILE dealing, and all are assured that
any violation of these legitimate bust
ness principles will be punished in
this Exchange by the suspension of
the unworthy member found guilty,
and his disbarment from doing busi-
ness in the Exchange.
| All such men will, OF course,
denounce our efforts to elevate the
real estate business, and will attempt
to cry down the Exchange and belittle
all its struggles toward emancipating
the legitimate trade from the shyster's
tricks and the iugglery that can even